Well there is one thing .. This never traded like it had that many shares outstanding.
Everyone that has been here a while suspected insiders bought up a ton of stock but it is not showing . However there is some question if being dark we just do not know of it. I would presume that even if it was the case it could not be released now as that would be something that would escalate the stock price. But if we get the money in that we need, get current and find out insiders own 40-50% of the float that will be a huge thing.
I am not Dan but if I was , I know I would have bought those shares. All of us long timers would have done that. So since most of this has played out exactly as we expected I would guess we are not far off the mark there.
There is one other option. In stock buybacks , the company usually cancels the stock and sends record of the cancelled shares to the Transfer agent who records them and reduces the OS. However, it is possible the company bought stock and did not cancel shares. I have been asking everyone I know about this but info about dark companies and such things is scarce even among people with experience.
My best guess now would be that people that post here have a billion or so shares, management has 2 billion shares or more and somewhere people I do not know own the rest.
That structure could be a key launching part of the stock when we get current.
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
